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China’s Wang: We are ready to deepen strategic cooperation with Russia

Following his meeting with Russian President Vladimir Putin, China's top diplomat Wang Yi said that they are ready to deepen strategic cooperation with Russia on Wednesday, as reported by Reuters.

"Our relations will not succumb to pressure from third countries," Wang added. 

Meanwhile, Putin noted that it's very important for them to have a cooperation with China and said he is looking forward Chinese President Xi Jinping to visit Moscow.

Market reaction

These comments don't seem to be having a significant impact on market mood. As of writing, US stock index futures were trading virtually unchanged on the day.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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